Gold price today: Precious metal prices fell sharply in the national capital on Friday as investors continued to book profits for the second consecutive session. Silver plunged nearly 5%, while gold also registered a steep decline.According to the All India Sarafa Association, silver prices dropped by Rs 13,000, or 4.85%, to Rs 2,55,000 per kilogram…
Equity markets ended slightly higher on Friday after the Reserve Bank of India left interest rates unchanged, a move that was widely expected, and announced a proposal to allow banks to lend to Real Estate Investment Trusts (REITs) under prudential safeguards.The 30-share BSE Sensex rose 266.47 points, or 0.32 per cent, to close at 83,580.40….
Market regulator Sebi has put forward proposals to widen the investment possibilities for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in liquid mutual fund schemes on Thursday.Currently, these trusts can only invest in liquid funds with the highest credit risk rating, limiting their options.These measures are part of Sebi’s push to make…
Gold and silver prices continued to face heavy pressure on the MCX on Friday, with both metals opening sharply lower as weak global cues and a stronger US dollar dampened sentiment. The decline marked the second straight session of losses, undoing most of the gains made during a short-lived rebound earlier in the week amid…
MUMBAI: The RBI is proposing to compensate customers for losses arising from small-value digital frauds, with payouts of up to Rs 25,000, as part of a broader overhaul of consumer protection rules amid rising risks from mis-selling, cyber fraud and aggressive loan recovery practices.Governor Sanjay Malhotra said the central bank has reviewed its 2017 framework…
The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…
Asian markets fell sharply on Friday as an extended sell-off in US technology stocks continued to weigh on investor sentiment. The losses came amid growing concern over heavy spending on artificial intelligence and uncertainty about when those investments will deliver returns. In Hong Kong, HSI was down 304 points or 1.13% as on 10:20 am…
Cryptogiant Bitcoin has suffered sharp losses since the beginning of 2026, tumbling over 20%. The digital currency has given up almost half of its value since October’s record peak of over $124,000, sliding to $67,000, now worth less than it was at the start of President Donald Trump’s second term. Bitcoin is often pitched as…
MUMBAI: Tata Motors Passenger Vehicles (TMPV) slipped into a loss in the third quarter, hit by a cyberattack at its UK luxury arm, Jaguar Land Rover (JLR), which disrupted operations and triggered a one-time charge of Rs 1,600 crore. The company reported a consolidated loss of Rs 3,483 crore during the October-December period, compared with…
MUMBAI: A series of disappointing economic data from around the world, along with Anthropic’s launch of a new AI-tool that could threaten established businesses of several software services companies across the world, have pushed most of the leading global equity indices into the red zone. Ongoing geopolitical uncertainties are also adding to investors’ anxiety. And…
